"Project Delays and Prospects of Cheaper LNG Supplies from North America Threaten Australia's Plans to Emerge as the Leading LNG Exporter" - New Market Report
Australia's plan to emerge as the world's leading LNG supplier faces the challenges of rising project costs, project delays and the prospect of cheaper LNG supplies from North America. Australia plans to have an active LNG liquefaction capacity of about 123.8 Million Metric tons per annum (MMtpa) by 2017, backed by its plan to boost Coal Seam Gas (CSG) production. However, the country's CSG projects are witnessing cost and time overruns due to difficulties in estimating reserves and production. Workforce...
View full press release